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Fitch affirms ZABA's short- and long-term ratings

Author: vmic
ZAGREB, Feb 11 (Hina) - The credit rating agency Fitch has affirmed the long-term foreign currency Issuer Default Rating (IDR) of the Croatian bank Zagrebacka Banka at 'BBB-' with a stable outlook, but has downgraded its Viability Rating (VR) by one notch, from 'bb+' to 'bb' because of the bank's exposure to the sovereign.

(Hina) vm

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